EU says crude flows through the Strait of Hormuz have nearly returned to prewar levels
The European Union says crude oil flows through the Strait of Hormuz have almost recovered to levels seen before the war. The report indicates partial normalization of a strategically important oil route.
By DoomRadar · Published on DoomRadar .
Why it matters
Oil transit through Hormuz affects global energy supply and prices, making changes in flow relevant to international markets.
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